To better facilitate the the management of the high quantity of resources present, Belgravia was split into two divisions in June 2009.  Belgravia Mining will focus on coal resources while Belgravia metals will concentrate its efforts towards the rich metal deposits available.

Belgravia Mining LLC was incorporated in April 2008 and has to date acquired seven exploration licenses in Dornod, Khuvsgul, Bayankhongor, Omnogobi, and Dundgobi provinces of Mongolia.  All sites have undergone tests and displayed strong occurrences of a variety of deposits.

Belgravia Mining and Belgravia Metals have to date received circa US$ 1.4 million in financing from parent company APIP.  Belgravia to date has invested circa US$ 1.3 million in the purchase of licenses through the Mongolian Mining License tender process.